Wealthtech startup Univest Nets $10 Mn Led By BII

WealthTech startup Univest has raised $10 million in a funding round led by BII (British International Investment). The funds will be used to expand its platform, which focuses on democratizing wealth management services for the masses. Univest provides AI-powered financial planning tools, enabling users to manage investments and optimize portfolios without the need for expensive financial advisors. With this funding, the company aims to enhance its platform’s capabilities and broaden its user base, particularly among underserved demographics. The rise of WealthTech startups like Univest underscores the growing demand for accessible financial services that cater to a broader population.